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The second quarter of 2025 had a significant increase in the number of available homes for sale. Inventory has returned to pre-pandemic levels, which is bringing more balance to the market. This, coupled with the new normal of interest rates, has decelerated home price appreciation to more historical norms compared to the rapid appreciation that occurred during the pandemic years.
Overall, equity levels are high, and sellers who have owned their homes for five years or more are making substantial returns. With more balance in the market, buyers are experiencing relief and new opportunities. Movement in this market is much more fluid than in the restricted inventory market. If you or someone you know is interested in learning more about how the current trends relate to your goals, please reach out.
